Over 130 American and European lawmakers are urging the removal of ADNOC CEO Sultan Al Jaber as the president of the upcoming COP28 climate talks. In a joint letter addressed to the United Nations, European Commission President, and US President Joe Biden, the lawmakers have expressed concerns about the influence of fossil fuel companies on […]
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World needs $1 trillion annually for energy transition, expert says
The world needs about $9 trillion of investment annually to tackle climate action and about $1 trillion annually to exert energy transition in many countries, according to Makhtar Diop, managing director of the US-headquartered International Finance Corporation (IFC). Speaking at the World Government Summit 2023 in Dubai, Diop said the aim of the world leaders […]
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Opinion: Why Al Jaber’s COP28 appointment isn’t a ‘recipe for controversy’
Al Jaber is also the founding CEO and chairman of Masdar, which is working toward becoming the biggest green-energy company in the world
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COP 27: UAE, Jordan and Israel sign solar energy deal
The three countries will continue to develop plans for COP 28, which will be hosted by the UAE